YEARLY HIGH
21125.0000 IRR
YEARLY LOW
21015.0000 IRR
YEARLY AVERAGE
21045.5098 IRR

2024 BBD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 21125.0000. Conversely, the yearly low was recorded on March 5, dropping to 21015.0000.

This high-to-low spread represents a total annual volatility of 110.0000 IRR. From a start-to-finish perspective, comparing the January average rate of 21024.3952 to the December average rate of 21091.9355, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21125.0000 was down 0.24% compared to the 2023 peak of 21175.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BBD based on timing:

Yearly Peak High 105,625,000 IRR
2023 Average 105,547,514 IRR
Yearly Trough Low 105,075,000 IRR
Transaction Impact: A difference of 550,000.00 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21099.1463
21012.6168
JanuMarcMayJulySeptNove

BBD to IRR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 21033.7890, compared to 21057.2305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.4415 points.

H1 Avg (Jan–Jun) 21033.7890
H2 Avg (Jul–Dec) 21057.2305

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 107.5000 IRR (High: 21125.0000 / Low: 21017.5000). On the other end, August was the most stable month, with a tight range of 6.2500 IRR (High: 21052.5000 / Low: 21046.2500).

April Spread (Volatile) ±107.5000
August Spread (Stable) ±6.2500

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.6156 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.6156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 21036.5000) against the same month in 2023 (average: 21129.1667), the exchange rate shifted by -92.6667 (-0.44%).

2024 Avg (April) 21036.5000
2023 Avg (April) 21129.1667

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21052.5000 21018.7500 21024.3952
February 21052.5000 21015.0000 21019.8276
March 21029.1667 21015.0000 21020.6183
April 21125.0000 21017.5000 21036.5000
May 21125.0000 21031.2500 21044.9597
June 21125.0000 21043.7500 21056.4333
July 21125.0000 21043.7500 21052.0161
August 21052.5000 21046.2500 21049.2742
September 21125.0000 21046.2500 21052.5417
October 21125.0000 21043.7500 21051.1156
November 21052.5000 21037.5000 21046.5000
December 21125.0000 21043.7500 21091.9355